Cohen Pleads, Deutsche Bank is Raided, Witches Darken the Skies!

As blessed as we are to live in interesting times, today is more interesting than most. Why? Because from the get-go everyone following the Trump Criminal Farce has been saying, “Follow the money”. And what do we have today? Glad you asked. Today we learned that authorities have raided Deutsche Bank in Germany on the (extremely) probable cause of having engaged in long-term, widespread international money laundering.

I know, you’re as shocked as I am.

Put bluntly, the only bank on the planet, (not chartered in Moscow or floating on a sea of Russian money), that was willing to loan money to Donald Trump received 170 unwelcomed guests this morning, most of them wearing badges. We already know that Robert Mueller had subpoenaed records from bank, where Trump is rumored to still owe as much as $480 million, a number roughly equivalent to the amount of the fraudulent tax scam handouts he received from his father before going bankrupt … several times.

But that is just a coincidence, I’m sure.

Serious people who have followed Trump’s finances long ago relieved themselves of any doubt that his real estate “empire” is based on decades of money laundering, and that a good deal of it has come via Russian gangsters. (Incoming House Intelligence Committee chairman Adam Schiff mentions money-laundering every time he’s interviewed, which is a lot.)

Moreover, Deutsche Bank is very likely the most prominent player in the entirely unsophisticated fraud Don Sr. and the Trump siblings have been living off for the last 20-odd years. (Cherubic multi-tool statesman Jared Kushner reportedly owes the same German bank $285 million. His records have also been subpoenaed.)

What’s always been even more interesting is that Trump wasn’t getting money from the normal commercial lending arm of Deutsche Bank, but rather the company’s bank-within-the-bank, its “private bank”, where the identities of actual depositors (dare we speculate that they might be very large-scale international criminals?) are hidden from prying eyes.

So … Deutsche Bank has been raided, simultaneous with Michael “I’ll take a bullet for Mr. Trump” Cohen pleading guilty after telling Mueller everything he knows about how Trump was planning to build/finance “the tallest tower in Europe” in Moscow … as he was campaigning for the [bleeping] White House in 2016.

So yeah, all in all, a very interesting day for everyone still capable of being gobsmacked by the total, flagrant corruption of this hapless crowd.

But … maybe the most interesting thing about this raid on a gargantuan international bank is that it happened at all. I mean, in my advanced addled state I may have forgotten the time 170 agents raided Lehman Brothers, Countrywide Financial, Bear Stearns or Citigroup back in 2008 (or ever.)

While the astonishing frauds revealed in the Panama Papers is reported to be at the root of today’s episode, you gotta believe the German authorities had dead certainty that their case was made before they charged through the doors. (Likewise, I assume Deutsche Bank’s top executives made certain they had a firewall around their reputations. I see two lower level bankers have been ID’d as scapegoats for sacrifice.)

Outside of the Kremlin itself (or the House of Saud) giant banks are the most impervious institutions the world has ever seen. Fantastic sums support fantastic legal and lobbying firepower that few governments dare risk taking on in a frontal attack.

Trump’s handler, Mr. Putin, is of course a central character (albeit a step or two removed) in the Panama Papers. And there’s no indication that Mueller’s investigation has any role in this business.

But, the possibility that Mueller’s team — of career financial fraud experts, who have been pouring over Deutsche Bank records for months — may have something to do with this is way too tantalizing to dismiss as another crazy notion.

The end game approaches. Look up! The sky is full of witches in panicked flight.

 

 

 

 

 

One thought on “Cohen Pleads, Deutsche Bank is Raided, Witches Darken the Skies!

Comments are closed.